An electric vehicle (EV) retailer has opened its first store in the centre of Bristol, following a funding package from Lloyds Bank. EcoMove, which was founded in June 2019 and distributes electric mopeds, bikes and scooters, last week opened the doors to its flagship store on Hotwell Road in Bristol. The launch was made possible […]
New research from the Open Up 2020 Challenge shows an increase in usage and trust of financial services apps since lockdown. Lockdown restrictions have accelerated online and mobile money management with more than half (54%) of people now using them regularly. More than a third (36%) say they feel more comfortable using banking and money […]
Bristol and London-based invoice finance provider and fintech firm Optimum Finance has appointed three industry experts to bolster its offering. The company welcomes James John as its new head of risk, Rebecca Salt as regional sales director for the Midlands and Dany Boyle as its new partnerships manager. The new hires follow on from a […]
Mactavish, the specialist outsourced insurance buyer and claims resolution expert, warns the construction insurance market is growing increasingly distressed and that premiums, which were already rising prior to the impact of Covid-19, have been turbocharged in the period since lockdown commenced. As well as rising premiums, it warns construction companies to expect considerable erosion in […]
On Monday, Kevin Ellis, chair of accountancy firm PwC – which has more than 22,000 staff across the UK – said he hopes to have around half of the company’s employees back at work by next month, according to the Sunday Times. Ellis said the age of presenteeism – the fear of leaving your work […]
United Trust Bank (UTB) have revealed the next set of mortgage product, criteria and technology enhancements aimed at getting the mortgage industry back open for business in their #BrokerSummerSupportPackage campaign. The first elements of the package, launched in July and aimed at helping brokers to write more business in these challenging times, included UTB increasing […]
Mastercard today announced the launch of Market Trends, an interactive platform providing a comprehensive view of payments insights, competitive intelligence and industry trends for banks and financial institutions in Europe. From research on more than 2,000 cards across 34 markets to thought leadership on Open Banking, Blockchain and other trends to analyses of 22 top […]
Overconfident, often male, CEOs are reacting much less to both internal and external feedback, particularly negative assessments, and thus are more likely to lead their businesses to failure, finds new research from Vienna University of Economics and Business (WU Vienna). Companies often evaluate the success of their current business strategy through feedback in the form […]
Today the British Business Bank has announced that it has approved Allied Irish Bank (GB)/AIB (NI), Investec Bank plc and Mercedes-Benz Financial Services UK Limited for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). These three new CLBILS lenders will be able to provide finance to midsized and larger UK businesses with a […]
LendInvest, the UK’s leading platform for property finance, has funded a £10m bridging finance loan in a tight time frame, after the borrower ran into financing delays due to Covid-19. The site is in Abbey Wood, within the London borough of Greenwich – a sought-after location for city commuters, only 11 minutes away from Canary […]
